European Union | DD News

July 21, 2025 5:22 PM

EU to ramp up retaliation plans as US tariff deal prospects dim

The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats. An increasing number of EU members, including Germany, are now considering using wide-ranging "anti-coercion" measures which would let the bloc target U.S. services and other sectors in the absence of a deal, diplomats say. The European Commission, which negotiates trade agreements on behalf of the 2...

July 16, 2025 9:18 AM

Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals. Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.S. trade deficit. Letters setting tariff rates for dozens of...

July 14, 2025 11:33 AM

EU ready to hit US with 21-billion-euro tariff list, Italy foreign minister says

The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two countries fail to reach a trade deal, Italy's Foreign Minister Antonio Tajani said in a newspaper interview on Monday. President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the EU starting on Aug. 1, after weeks of negotiations with major U.S. trading partners failed to reach a comprehensive deal. Tajani also told daily Il Messagge...

July 14, 2025 10:43 AM

Trump demands more concessions as EU holds off on US tariff countermeasures

The European Union said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement as U.S. President Donald Trump's administration demanded more concessions from trading partners. Trump said on Saturday he would impose a 30% tariff on most imports from the EU and Mexico from August 1, adding to similar warnings for other countries and leaving them less than three weeks to hammer out framework deals that could ...

July 13, 2025 10:09 AM

EU says it still wants US trade deal, will defend interests

The European Union said on Saturday it was ready to retaliate to defend its interests if the United States pressed ahead with imposing a 30% tariff on European goods from August 1. U.S. President Donald Trump latest salvo surprised the bloc, the United States' largest trading partner, which had hoped to avoid an escalating trade war after intense negotiations and increasingly warm words from the White House. Ursula von der Leyen, head of the EU executive which handles trade policy for the 27 m...

June 29, 2025 9:28 AM

EU plans to add carbon credits to new climate goal, document shows

The European Commission is set to propose counting carbon credits bought from other countries towards the European Union's 2040 climate target, a Commission document seen by Reuters showed. The Commission is due to propose a legally binding EU climate target for 2040 on July 2. The EU executive had initially planned a 90% net emissions cut, against 1990 levels, but in recent months has sought to make this goal more flexible, in response to pushback from governments including Italy, Poland and ...

June 27, 2025 10:02 AM

EU leaders discuss new US trade proposal as deal clock ticks down

European Union leaders discussed new proposals from the United States on a trade deal at a summit in Brussels on Thursday, with Commission President Ursula von der Leyen not ruling out tariff talks could fail and saying "all options remain on the table". Time is running out for the bloc to find a common position before a respite on higher tariffs threatened by U.S. President Donald Trump expires on July 9, which could hammer exporters from cars to pharmaceuticals. European leaders were meeting...

June 26, 2025 2:49 PM

EU leaders meet to decide on whether to back quick US trade deal or seek better terms

European Union leaders are to tell the European Commission on Thursday whether they want to reach a quick trade agreement with the United States on terms that favour Washington or keep fighting for a better deal. A quick deal seems to be the preferred option for most, officials and diplomats said, as the EU can then seek to address the unfavourable bias with some rebalancing measures of its own. "I support the Commission, I support the President of the European Commission in her endeavours to ...

June 17, 2025 10:58 AM

EU readies ban on Russian gas imports by end of 2027

The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefied natural gas by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia. The proposals will set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe's former top gas supplier Russia, made after Moscow's 2022 full-scale invasion of Ukraine. An internal Commission summary of the upcoming prop...

June 12, 2025 12:43 PM

EAM Jaishankar’s Brussels visit reinforces India’s ties with EU, Belgium

External Affairs Minister Dr. S. Jaishankar concluded a three-day official visit to Brussels from June 9 to 11, reinforcing India’s deepening ties with both the European Union and Belgium. In a major boost to India-EU relations, Jaishankar met European Commission President Ursula von der Leyen and European Parliament President Roberta Metsola, and co-chaired the first-ever India-EU Strategic Dialogue with EU High Representative and Vice-President Kaja Kallas. Jaishankar and von der Leyen rea...